Crackdown Holds

The most likely outcome is that HHS, CMS and DOJ present the drop from $14 billion to roughly $1 billion as evidence that payment edits, audits and prosecutions worked. Enforcement stays concentrated on suspect wound care billing patterns, especially skin-substitute claims, rather than becoming a broad Medicare payment overhaul.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.